Binance Founder Refutes Allegations of Ties to Federal Reserve

Changpeng Zhao, founder of Binance, vigorously denies claims by Chinese KOL Liang Xi regarding his alleged involvement with the U.S. Federal Reserve during a recent X Spaces discussion. Despite attracting over 119,000 listeners, these unsubstantiated allegations failed to impact Binance or its assets, emphasizing the importance of transparency and direct communication from Zhao himself. The market largely responded in support of Zhao’s denial, recognizing the baseless nature of the claims.